Post-Crash Economics: Plurality and Heterodox Ideas in Teaching and Research [Hardcover]

This book demonstrates the continuing relevance of economics for understanding the world, through a restatement of the importance of plurality and heterodox ideas for teaching and research. The Great Financial Crash of 20078 gave rise to a widespread critique of economics for its inability to explain the most significant economic event since the 1930s. The current straightjacket of neo-classical undergraduate economic teaching and research hinders students understanding of the world they live in. The chapters in this book provide examples to demonstrate the importance of pluralistic and heterodox ideas from across the breadth of economics. The authors plurality of approach is indicative of the fact that economics is a much broader discipline than the dominant neo-classical orthodoxy would suggest. This volume provides undergraduate students with a range of alternative ideas and university lecturers with examples whereby the curricula have been broadened to include pluralist and heterodox ideas.

Chapter 1. Introduction: The Financial Crash and Post-Crash Economics
Omar Feraboli and Carlo J. Morelli

Chapter 2. Student Reflections and Post-Crash Economics
Omar Feraboli

Part I. Problems in Business Economics

Chapter 3. Business Strategy, Economic Crisis and the Theory of the Firm
Carlo J. Morelli

Chapter 4. History of Contemporary Economic Thought: Radical Economics, Marxist?Economics and Marxs Economics
Jane Hardy

Part II. Problems in Micro Economics

Chapter 5. Applying Principles of Action Learning?in Undergraduate Economics
Robbie Mochrie?

Chapter 6. Conceptual Fossils: Why do we Keep Teaching Irrelevant Ideas in First Year Economics?
Martin Jones